Wildwood Church Annual Report
A financial summary of our fiscal year Sep 1, 2016 - Aug 31, 2017.
A financial summary of our fiscal year Sep 1, 2016 - Aug 31, 2017.
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ANNUAL<br />
REPORT<br />
Fiscal Year<br />
Financial Summary<br />
Sep 1, 2016 - Aug 31, 2017
Making mature and equipped followers of Jesus<br />
who live with Gospel purpose.<br />
2
Senior Pastor Letter 2<br />
Overview3<br />
General Fund 4<br />
OFS, Preschool & Ballet 5<br />
Last Year’s Budget 6<br />
Reserves/Debt7<br />
Building Bridges 7<br />
This Year’s Budget 8<br />
1
A few years ago, a couple of our children were privileged to receive intensive<br />
therapies for a wide range of challenges they faced. During this process they<br />
were tested, trained, retested and retrained. This went on for eight months.<br />
It was hard. It was expensive. And it was worth it. It still brings me to tears<br />
thinking about the graciousness of God who provided loving therapists with<br />
the education, wisdom, experience, and tenacity needed to push our boys. I<br />
shudder to think of where we would be without those therapists.<br />
A weekly meeting covered the test results. Each week we looked at numbers.<br />
I hate numbers. It would have driven me to insanity had it not been for a<br />
comment from the head of the center, “David, don’t get lost in the numbers;<br />
look at the story the numbers tell.” The numbers revealed the boys'<br />
improvement. The numbers told the story of growth and change. By the time<br />
the total process had ended, I cherished the numbers because of the story<br />
they told.<br />
We have put together a document filled with numbers from <strong>Wildwood</strong>’s<br />
budget. We have done this for two reasons:<br />
1. We want you to know the numbers.<br />
2. We want you to know the story the numbers tell.<br />
We want everyone at <strong>Wildwood</strong> to have the opportunity to understand the<br />
“what” and “where” of our finances. What is the budget? Where is the money<br />
going? Some of you will be more interested and others will be less interested<br />
in these questions. Either way we want you to have the opportunity to know<br />
the numbers.<br />
But we also want you to know the story the numbers tell. <strong>Wildwood</strong> was<br />
involved in dramatic, life-changing ministry to people this last year. Some of<br />
the things we were involved with have the “wow” factor. <strong>Wildwood</strong> has also<br />
been involved in mundane, routine ministry to people this year. It has the<br />
“yawn” factor. Both can be God honoring, Christ-centered, Spirit-filled efforts.<br />
Both will be reflected in the numbers.<br />
Finally, thanks for being a people who give. When you give you honor<br />
God, support His mission, and uphold His people. Since 1976, God has<br />
used <strong>Wildwood</strong> <strong>Church</strong> not only in Tallahassee, but throughout Florida,<br />
the surrounding states, and all over the world. I am honored to be a part of<br />
a church that has not stopped asking God how He wants us to invest His<br />
money.<br />
For Christ,<br />
David McNeely,<br />
Senior Pastor<br />
2
The <strong>Wildwood</strong> <strong>Church</strong> family added 25 new members last year.<br />
Overview<br />
How much was given in total last year?<br />
AMOUNT<br />
PERCENT<br />
General Fund $2,452,818 79.3%<br />
Building Bridges $308,411 10.0%<br />
Designated Missions $278,639 9.0%<br />
Designated Ministries $36,889 1.2%<br />
& Events<br />
Camps $17,938 0.6%<br />
TOTAL $3,093,693<br />
Since last Sep, six of our <strong>Wildwood</strong> Students have been baptized.<br />
3
Our avg Sunday attendance was 638 (up 10% from last yr), plus 200 children.<br />
General Fund<br />
How does this year compare to previous years?<br />
YEAR AMOUNT INCREASE/DECREASE<br />
2016/2017 $2,452,818 - 0.6%<br />
2015/2016 $2,466,877 - 1.7%<br />
2014/2015 $2,510,878 + 10.7%<br />
Northside Stage saw over 1000 attendees for the 2016-17 concert series.<br />
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<strong>Wildwood</strong> Ballet added 22 new students this year for a total 154 students.<br />
OFS, Ballet & Preschool<br />
How much revenue did they receive?<br />
AMOUNT<br />
Our Father's Storehouse $54,475<br />
<strong>Wildwood</strong> Ballet $95,987<br />
<strong>Wildwood</strong> Preschool $148,734<br />
TOTAL $244,721<br />
Learn more about these self-funded ministries to our community online:<br />
wildwoodtlh.com/ofs<br />
wildwoodballet.com<br />
wildwoodpreschool.org<br />
<strong>Wildwood</strong> Preschool reached full capacity last year with 75 students!<br />
5
200 volunteers served 400 kids during our 2017 “Summer Safari” VBS<br />
Last Year’s Budget<br />
How did we spend the General Fund?<br />
AMOUNT<br />
% of TOTAL<br />
Community Life - Children $78,741 3.2%<br />
Partner and Local/ $133,518 5.4%<br />
Community Missions<br />
World Missions $119,160 4.8%<br />
Connections $28,741 1.2%<br />
Women’s Ministry / Membership /<br />
Small Groups & Adult Sunday School<br />
Congregational Care $13,022 0.5%<br />
Restoration Ministries / Men’s Ministry /<br />
Marriage Enrichment & Counseling<br />
Facility Operations $131,387 5.3%<br />
Operations $156,724 6.3%<br />
Office / Communications / Finance<br />
Insurance / Leadership & Staff Development<br />
Student Ministries $24,800 1.0%<br />
Worship & Music $30,917 1.2%<br />
Debt Service $240,000 9.7%<br />
Reserve Funding $144,000 5.8%<br />
Salaries & Benefits $1,245,303 50.1%<br />
Non-Budgeted Items and $38,668 1.6%<br />
Previous Year Adjustments<br />
Total Expenses for the Fiscal Year $2,384,981<br />
Year-end Transfer to Reserve Funds $100,000 4.0%<br />
Total Expenses plus Reserve Savings $2,484,981<br />
6<br />
Net Increase/Decrease - $32,163<br />
in Cash Reserves
The Grand Opening of the Northside Community Center is Feb 10, 2018<br />
Reserves / Debt<br />
How much do we have in the bank?<br />
How much do we owe?<br />
as of Aug 31, 2017<br />
Total Cash in the Bank<br />
General Fund Reserves $203,628<br />
Capital Reserves $185,597<br />
Restricted Accounts $175,666<br />
TOTAL $564,891<br />
Total Loans Outstanding $1,398,602<br />
Building Bridges<br />
How much have we spent so far?<br />
We are nearing completion of the Northside Community Center. We<br />
expect to open the doors in January for our new afterschool program.<br />
The official Grand Opening is scheduled for Saturday, Feb 10, 2018.<br />
A final accounting will be completed in January 2018.<br />
7
Nearly 19% of giving (General Fund & Designated) went to missions<br />
This Year’s Budget<br />
What is the General Fund budget for 2017-18?<br />
FACILITY OPERATIONS<br />
Building & Equipment Repairs & Service $27,600<br />
Supplies $14,400<br />
Service Contracts & Contract Labor $5,868<br />
Miscellaneous $4,560<br />
Utilities $76,200<br />
MINISTRY OPERATIONS<br />
Administrative/Miscellaneous $4,908<br />
Copiers, Printers & Paper $24,000<br />
Communications $29,376<br />
Denomination Support & Expenses $10,800<br />
Finance & Accounting $15,624<br />
IT (Phones, Internet, Software, Repairs, etc) $27,600<br />
Property Insurance $34,800<br />
Leadership Development & Planning $9,948<br />
COMMUNITY LIFE<br />
Administrative $10,380<br />
Family Events $11,136<br />
Seniors $4,008<br />
Sunday and Wednesday Night Programs $6,048<br />
Sunday School $9,492<br />
Nursery $21,960<br />
Vacation Bible School $13,200<br />
AMOUNT SUBTOTAL % of TOTAL<br />
$128,628 5.2%<br />
$157,056 6.4%<br />
$76,224 3.1%<br />
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AMOUNT SUBTOTAL % of TOTAL<br />
CONGREGATIONAL CARE<br />
Administrative $1,200<br />
Marriage Enrichment & Counseling $4,860<br />
Men’s Ministry $4,800<br />
Pastoral Care Team $840<br />
Restoration Ministries $1,380<br />
$13,080 0.5%<br />
CONNECTIONS AND SMALL GROUPS<br />
Administrative $1,200<br />
First Impressions Team $900<br />
Membership $2,400<br />
Small Groups $11,208<br />
Women’s Ministry $16,956<br />
$32,664 1.3%<br />
CONNECT AND SERVE MINISTRIES<br />
<strong>Church</strong> Planting $12,000<br />
Our Community $16,560<br />
Our Partners $67,800<br />
Our Seminary Students $10,800<br />
Our World $119,160<br />
$226,320 9.2%<br />
STUDENT MINISTRIES<br />
Administration $2,016<br />
Leadership $6,996<br />
Programming $6,228<br />
Special Ministries $11,400<br />
$26,640 1.1%<br />
WORSHIP AND MUSIC<br />
Administrative $1,440<br />
Music, Supplies and Subscriptions $3,840<br />
Productions, Staging, Repairs & Service $7,560<br />
Contractors & Guest Artists $18,000<br />
Fellowships, Recruiting & Development $720<br />
$31,560 1.3%<br />
SALARIES AND BENEFITS $1,376,640 56.1%<br />
DEBT SERVICE AND RESERVE FUNDING<br />
Debt Service $240,000<br />
Reserve Funding $144,000<br />
$384,000 15.7%<br />
TOTAL GENERAL FUND BUDGET $2,452,812<br />
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Making Disciples<br />
Moving Hearts<br />
Caring Deeply<br />
Serving Freely<br />
100 Ox Bottom Rd<br />
Tallahassee, FL<br />
wildwoodtlh.com<br />
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